CSEC Principles of Business · January 2018 · Paper 2 · Question 1(c)(ii)
State TWO characteristics of a free enterprise economic system.
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Practise this questionOther parts of this question
- 1(a)(i)Define 'goods'.[2 marks]
- 1(a)(ii)Define 'services'.[2 marks]
- 1(b)Outline ONE advantage and ONE disadvantage of e-commerce.[4 marks]
- 1(c)(i)State TWO characteristics of a planned economy.[2 marks]
- 1(c)(iii)State TWO characteristics of a mixed economy.[2 marks]
- 1(d)Explain TWO ways in which businesses can contribute to the social and economic development of a country.[6 marks]
More practice: the rest of this paper · more Forms of Business Organisations questions · all CSEC Principles of Business past papers